Ocugen IncFDA granted RMAT designation, expediting development for OCU410 in dry AMD-related GA.

Ocugen announced that the U.S. FDA has granted Regenerative Medicine Advanced Therapy designation to its gene therapy candidate OCU410 for the treatment of geographic atrophy secondary to dry age-related macular degeneration. The decision was supported by Phase 2 ArMaDa clinical data showing clinically meaningful efficacy and a favorable safety profile for the one-time modifier gene therapy. OCU410 delivers the RORA gene via an AAV-5 vector to regulate multiple retinal disease pathways and has also received Advanced Therapy Medicinal Product status from the European Medicines Agency. The FDA noted that preliminary clinical evidence indicates OCU410 has the potential to address a serious condition with significant unmet medical need, qualifying it for an expedited development pathway. Ocugen shares closed Thursday down 4.03% at $1.19 and were trading up 3.36% at $1.23 in the pre-market.
Ocugen IncFDA granted RMAT designation, expediting development for OCU410 in dry AMD-related GA.